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Why the Frank-Dodd Bill Guarantees More Bad News to Come

realpropertycheck.com August 25, 2010

Why the Frank-Dodd Bill Guarantees More Bad News to Come

Many hopes are pinned on the Frank-Dodd Financial Reform Act of 2010 (aka FinReg) and you may be forgiven for thinking that it is going to rein in Wall Street excesses, protect consumers from abuse and make the (financial) world a better place. One heck of a bill!

If only it were so. But it isn’t and here is why.

[Read more…]

Filed Under: Buying, Financing, Investing, Selling Tagged With: financial regulation, prohibition of steering incentives

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bankruptcy building wealth in real estate commercial real estate contract for deed David Lindahl deed delinquent loans distressed properties Donald Trump double-dip Fannie Mae featured FHA financial regulation foreclosure foreclosures Frank-Dodd bill Freddie Mac HAMP HARP HOA home prices house rules keeping records lease option lien loan modifications mortgage mortgage originator no-docs loans notice of default prohibition of steering incentives real estate developers real estate investing Rent to Own REO residential robo-signing Robo Gate seller financing setting the price title insurance unsold inventory wraparound mortgage Zillow

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